Oh, look, another giant free trade deal the EU is working on that we will miss out on after we Brexit.

It's like the Red Queen's race from Alice in Wonderland: Liam Fox has rolled over trade deals worth *less* than the new trade deals signed by the EU since the referendum!
In other words, we are further behind on trade today than we were on referendum day, because the EU keep growing the "status quo" we are turning our backs on.
To give you an idea, these deals were finalised/signed/ratified since the referendum:-
- Japan
- Canada
- Singapore
- Vietnam
- Mercosur (today's announcement)

Busy bees, those EU negotiators! Together those add up to enormously more than the pinpricks Liam Fox has rolled over.
And of course it means the grey bits on the world map, places with which the EU has no trade deals, are getting fewer and fewer. Which means the trade benefits of leaving are getting fewer too.
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